3 Ways to Tell If an Active Archive Could Help Your Business Grow
Are you worried about your company’s data storage? You’re not alone.
Data is growing exponentially with an estimated 16 zettabytes (ZB) living in storage by 2025. Businesses need to find easy, secure, and cost-friendly ways to store all this data. Insufficient data storage wastes time and money; not to mention, it impedes your company’s ability to expand.
If you’re looking to grow your business, you should assess your data storage strategy.
Here are three ways to tell if an active archive solution is right for you:
- Your staff wastes time maintaining multiple IT applications.
The average business manages 200+ applications across their enterprise. Often these applications are not integrated and require significant IT resources to maintain data integrity. Without proper integration, your application end users waste time navigating multiple systems to do their jobs.
Across all industries, an active archive solution supports multiple use cases and reduces IT operational overhead. The customer experience improves with an active archive that enables organizations to consolidate records from different lines of business, or different applications.
Employees use a single sign-on to launch a 360-view of a client with a complete digitized historical record to provide quality service.
A single view of data streamlines workflows and frees up your resources so they can focus on improving your operations.
- Your data continues to grow while your IT budget stays the same (or shrinks).
If you’re like many IT executives, you want to ease the financial and operational burden of data storage and legacy systems support.
The idea of archiving on tape or just keeping a copy of the database were at one time popular methods but had drawbacks. Identifying aging and inactive files and accessing data to support use cases was time-consuming for storage admins.
If your busy IT teams even have the time, they archive data to tape or cloud-based cold storage, where it languishes on its cheap storage tier with little value or lifecycle intelligence.
We especially see this in the healthcare industry where hospitals and medical groups consolidate and end up with a variety of applications to maintain so they can continue to access the data.
The good news is that an active archive solution can provide significant savings for your business. Recently, Yale New Haven Health achieved more than $2.6 million in annual cost savings after they implemented active archiving.
- Your industry requires data compliance with strict regulatory mandates.
One data breach can put your company’s financial security at risk. Unfortunately, the cost of cyberattacks is on the rise. A recent IBM report showed that data breach costs surged 13% from 2020 to 2022 and the cost for a single data breach can be in the millions.
Not only do businesses need to protect their data, but they also need to retrieve it quickly. More traditional archive methods, like tape drives, safeguard data from online breaches, but make your data inaccessible and difficult to recover.
Active archiving provides the best of both worlds. It gives you the flexibility to use various storage systems and platforms from disk and tape to on-premises, and the cloud depending on your needs.
Its software intelligence creates a virtual archival repository and can automate data movement to media, making data quick and easy to retrieve.
The active archive system can also satisfy many industries’ regulatory requirements and needs with strong user access, activity logging, integrity protection, medical record release, audit and legal support, and research and analytics.
If you’re wasting time and money managing your data storage…what are you waiting for?
